Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 WELL LANE is a very large extended detached house of 257m², built sometime between 1900 and 1929. It was last sold for £2,350,000 in January 2021, which was around 63% above the average January 2021 detached price in the Richmond upon Thames local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 WELL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Richmond upon Thames local authority area for the corresponding sale date. Both of the two 5 WELL LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2021 20 JAN | £2,350,000 | £1,444,251 | 63% above HPI |
1996 22 FEB | £300,000 | £240,306 | 25% above HPI |
The below graph shows the average detached house price in the Richmond upon Thames local authority area over time, sourced from the HPI. The two 5 WELL LANE sales from February 1996 and January 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2021 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.
5 WELL LANE is 257m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 5 WELL LANE lies on this distribution: 86% of detached houses are smaller than 5 WELL LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in London.
5 WELL LANE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 5 WELL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 WELL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
5 WELL LANE is located in LONDON, in the SW14 postcode district. The below map shows the position of No. 5 on WELL LANE.